CarVal Investors Raises $3.6 Billion Credit Fund | McDermott

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CarVal Investors Raises $3.6 Billion Credit Fund

June 17, 2021

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Schulte represented CarVal Investors in raising $3.6 billion for CVI Credit Value Fund V (CVF V), exceeding its original hard cap size by 20%. CVF V is focused on identifying distressed and credit intensive assets within its core strategies of loan portfolios, corporate securities, structured credit and hard assets. CarVal Investors is an established global alternative investment manager focused on distressed and credit-intensive assets and market inefficiencies with approximately $10 billion in assets under management in corporate securities, loan portfolios, structured credit and hard assets.

The Schulte team advising CarVal was led by investment management partner David Nissenbaum. The team also included investment management regulatory and compliance partner Anna Maleva-Otto; investment management special counsel Shawn McCune, associates Alexis Marion and Grace Willingham and former associate Bojun Xu and law clerk Shelby Anderson; tax partners David Griffel, Philippe Benedict, Nick Fagge, special counsel Christine Harlow, associate Olesia Zakon and law clerk Jacob Gach; and employment and employee benefits partner David Cohen.

David Nissenbaum

Partner

New York – 919 Third Avenue

Shawn R. McCune

Partner

New York – 919 Third Avenue

David S. Griffel

Partner

New York – 919 Third Avenue

Philippe Benedict

Partner

New York – 919 Third Avenue

Nick Fagge

Partner

London – One Eagle Place

David M. Cohen

Partner

New York – 919 Third Avenue

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